Aldo names founder’s son as new CEO

Footwear retailer Aldo has appointed David Bensadoun as its new chief executive, to replace current boss Patrick Frisk.
Bensadoun first joined the Montreal-based retailer – which has several stores in the UK – in 1995 as a project manager before working his way up to president of the Aldo Group in North America.
He is also the eldest son of founder Aldo Bensadoun, and he is slated to start his new role on April 3.
The news comes amid other senior management changes at the global retail chain, including the appointment of Norman Jaskolka as deputy chairman of Aldo Group.
Frisk was thanked by the new management team for his work at Aldo.
“Frisk has been instrumental in helping the Aldo Group reach new heights as we continue to build our business and culture around the world,” Aldo Bensadoun said.